<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">On Monday, Pakistan's bonds saw a significant decline of more than 13 cents, marking the largest
drop since Russia's invasion of Ukraine in 2022, as US President Donald Trump's continued tariffs
worsened market conditions. Emerging markets, particularly those with higher risk and smaller economies, like Pakistan, Sri Lanka, Angola, Gabon, and Zambia, experienced sharp selloffs, with bond yields
soaring into double digits. This turmoil is expected to worsen funding challenges for countries like
Angola, Gabon, and Senegal. The biggest losses were seen in high-yield bonds, especially in textileexporting nations hit by US tariffs, while investment-grade debt performed better. Yields on international bonds in many Sub-Saharan African nations have now su...
